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AlekseyPX
3 years ago
14

Lori gets an offer from another bank that is also paying 6% on CD's, but is compounding interest daily. How much will the $1500

CD be worth in: 5 years?
Mathematics
1 answer:
-Dominant- [34]3 years ago
3 0
In 5 years it will be worth 7,500.
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Step-by-step explanation:

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3 years ago
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blsea [12.9K]

Answer:n= 1/3d - 2/3m

Step-by-step explanation:

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1jaiz4 and 1 more users found this answer helpful

THANKS

1

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Answer

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maxtext75

Helping Hand

15 answers

26 people helped

Answer:

n = d - 2m

        3*

Step-by-step explanation:

First we want to get n alone on one side, so we should subtract 2m from both side;

d = 2m + 3n

3n = d - 2m

Now to get n by itself, we need to divide by 3 from both sides;

3n = d - 2m

n = d - 2m

        3*

*Pretend there is a fraction bar between d - 2m and 3

Step-by-step explanation:

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